Obama Rejects McCain's Housing Proposal After Taking Credit For It!

[The Paperboy]

This may be the record for fastest flip flop ever:

From the AP:

Democrat Barack Obama's campaign criticized John McCain's mortgage bailout plan Wednesday, saying it would cause the government to lose money by paying too much for bad loans.

McCain's proposal to spend $300 billion in federal funds to buy distressed mortgages was a highlight of Tuesday's presidential debate, and it seemed to catch Obama off guard. At first, Obama's campaign said he had made similar proposals and there was nothing new in McCain's remarks.

Full story here

 

[Yurt]

more change....and hope that dumbasses will vote for him

 

[Silence]

do you mean the plan that McCain said isn't Obama's plan or Bush's plan?

let McCain have that one all by himself....

Obama's plan was for Bankruptcy judges to be able to reduce the principal, not the buying up of bad mortgages.

 

[rayboyusmc]

Please, Silence, don't confuse Paperboy with facts. That would mean he would have to actually read something.